Ridgetech, Inc. (RDGT) - Total Liabilities
Based on the latest financial reports, Ridgetech, Inc. (RDGT) has total liabilities worth $31.61 Million USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Ridgetech, Inc. - Total Liabilities Trend (2010–2025)
This chart illustrates how Ridgetech, Inc.'s total liabilities have evolved over time, based on quarterly financial data. See Ridgetech, Inc. (RDGT) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Ridgetech, Inc. Competitors by Total Liabilities
The table below lists competitors of Ridgetech, Inc. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Sagalio Energy Ltd
AU:SAN
|
Australia | AU$9.11 Million |
|
Eleco PLC
LSE:ELCO
|
UK | GBX25.62 Million |
|
Lyra Therapeutics Inc
NASDAQ:LYRA
|
USA | $46.83 Million |
|
Global Energy Metals Corp
V:GEMC
|
Canada | CA$619.86K |
|
Value Management & Research AG
F:VMR1
|
Germany | €112.74 Million |
|
Diamcor Mining
V:DMI
|
Canada | CA$10.79 Million |
|
ARWAY CORP.
F:E65
|
Germany | €1.43 Million |
Liability Composition Analysis (2010–2025)
This chart breaks down Ridgetech, Inc.'s total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Ridgetech, Inc. (RDGT) market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.82 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.06 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.51 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Ridgetech, Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Ridgetech, Inc. (2010–2025)
The table below shows the annual total liabilities of Ridgetech, Inc. from 2010 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-03-31 | $34.85 Million | -56.85% |
| 2024-03-31 | $80.76 Million | +8.69% |
| 2023-03-31 | $74.30 Million | -11.17% |
| 2022-03-31 | $83.65 Million | +2.12% |
| 2021-03-31 | $81.91 Million | +1.45% |
| 2020-03-31 | $80.74 Million | +44.80% |
| 2019-03-31 | $55.76 Million | +1.47% |
| 2018-03-31 | $54.95 Million | +35.65% |
| 2017-03-31 | $40.51 Million | -5.26% |
| 2016-03-31 | $42.76 Million | +1.14% |
| 2015-03-31 | $42.28 Million | +34.02% |
| 2014-03-31 | $31.54 Million | +6.25% |
| 2013-03-31 | $29.69 Million | +31.32% |
| 2012-03-31 | $22.61 Million | +90.47% |
| 2011-03-31 | $11.87 Million | +62.00% |
| 2010-03-31 | $7.33 Million | -- |
About Ridgetech, Inc.
Ridgetech, Inc. operates as a wholesale distributor of pharmaceutical and other healthcare products in the People's Republic of China. It operates through three segments: Retail Drugstores, Online Pharmacy, and Drug Wholesale. The company engages in offline and online wholesale distribution of pharmaceutical products, including prescription and over-the-counter drugs, nutritional supplements, tra… Read more